01 证券代码：002663 证券简称：普邦股份 广州普邦园林股份有限公司投资者关系活动记录表 编号： 2016-12- | --- | --- | --- | --- | |----------------|--------------------------|------------------------------------------------------------------|-------| | | □ 特定对象调研 | ■ 分析师会议 □媒体采访 | | | 投资者关系活动 | □ | 业绩说明会 □新闻发布会 □路演活动 | | | 类别 | □ | 现场参观 □一对一沟通 | | | | □ | 其他（说明： ） | | | 参与单位名称 | 华泰证券策略会 | | | | 及人员姓名 | | | | | 时间 | 2016 年 12 月 07 | 日（星期三） | | | 地点 | 深圳福田香格里拉酒店 | | | | 接待人员 | | 副总裁兼董事会秘书 马力达 ／ 证券事务代表 陈家怡 | | | 投资者关系活动 | 1 | 、看到公司近来的并购动作在往互联网方向走，跟原来传统 ...

01 证券代码：002663 证券简称：普邦股份 广州普邦园林股份有限公司投资者关系活动记录表 编号： 2017-11- | --- | --- | --- | |----------------|------------------------------------------------------------|--------------------------------------------------------------| | | □ 特定对象调研 □分析师会议 □媒体采访 | | | 投资者关系活动 | □ 业绩说明会 □新闻发布会 □路演活动 | | | 类别 | □ 现场参观 | | | | □ 其他（说明： ） | | | 参与单位名称 | 广发证券 张欣劼 | | | 及人员姓名 | 招商证券 王彬鹏 | | | 时间 | 2017 年 11 月 10 日（星期五） | | | 地点 | 公司会议室 | | | 接待人员 | 董事会秘书 马力达 | | | 投资者关系活动 | 1、问： 2017 年前三季度订单情况。 | | | 主要内容介绍 | | 答：我们地产景观订单比较稳定 ...

Group 1: Company Overview - The company, Guangzhou Pubang Garden Co., Ltd., has a stable talent team and has expanded into environmental protection and mobile internet marketing through acquisitions [2]. - The company’s three main business segments are: landscape architecture (approximately 75% of revenue), environmental protection (approximately 11% of revenue), and internet marketing [3]. Group 2: Financial Performance - The subsidiary, Deep Blue Environmental Protection, achieved a net profit of 69.99 million yuan in 2017 [3]. - The main clients for the real estate landscape business include well-known domestic real estate companies such as Poly Real Estate, Vanke, and R&F Properties [3]. Group 3: Business Challenges - The low gross profit margin in the real estate landscape business is influenced by policy factors and the financial pressure on real estate companies, leading to increased business costs [3]. Group 4: Future Strategy - The company will consider further acquisitions in the environmental sector based on strategic planning [3].

广州普邦园林股份有限公司 2022 年第三季度报告 证券代码：002663 证券简称：普邦股份 公告编号：2022-062 广州普邦园林股份有限公司 2022 年第三季度报告 本公司及董事会全体成员保证公告内容真实、准确和完整，并对公告中的虚假记载、误导性陈述或 者重大遗漏承担责任。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报 告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 581,794,996.95 | -13.32% | 1,509,947,108.49 | -1 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥928,152,111.54, a decrease of 19.65% compared to ¥1,155,081,463.15 in the same period last year[21]. - The net profit attributable to shareholders was a loss of ¥61,383,205.25, representing a decline of 660.15% from a profit of ¥10,958,386.76 in the previous year[21]. - Basic and diluted earnings per share were both -¥0.034, down 666.67% from ¥0.006 in the previous year[21]. - The company reported a net loss of CNY 723,823,722.52 as of June 30, 2022, compared to a loss of CNY 662,440,517.27 at the beginning of the year[161]. - The total comprehensive income for the first half of 2022 was -6,220,886.02, compared to 41,818,304.50 in the same period of 2021[173]. - The company reported a significant increase in credit impairment losses, amounting to 28,864,787.40 in the first half of 2022, compared to 11,215,236.20 in the first half of 2021[172]. Cash Flow and Assets - The net cash flow from operating activities was ¥262,752,528.01, a significant increase of 1,971.14% compared to a negative cash flow of ¥14,042,408.04 in the same period last year[21]. - The company's cash and cash equivalents decreased by 7.05% to ¥663,903,394.39, accounting for 11.63% of total assets[74]. - The total cash and cash equivalents at the end of the period were 306,732,117.03 CNY, down from 796,499,218.58 CNY at the beginning of the period, reflecting a net decrease of 489,767,101.55 CNY[179]. - The company's total assets decreased to CNY 5,709,850,177.84 from CNY 6,195,942,431.37, a reduction of about 7.8%[161]. - The company's cash flow from investment activities showed a net outflow of -532,546,501.95 in the first half of 2022, compared to -72,714,634.60 in the first half of 2021[176]. Business Operations and Strategy - The company is focusing on ecological landscape, green construction, and urban operation as its three main business pillars[35]. - The ecological landscape business includes planning design, engineering construction, ecological environment, and green maintenance, providing comprehensive services[31]. - The company aims to become a leading comprehensive service provider for human living environments, emphasizing sustainable development[35]. - The company has established long-term cooperative relationships with local governments and enterprises, winning several prestigious industry awards[37]. - The company is committed to enhancing urban ecological systems and improving urban quality through its services[34]. Market and Economic Conditions - The overall economic recovery is gradually solidifying, providing both opportunities and challenges for the company's industry[30]. - The company faces risks from macroeconomic changes, including a shrinking domestic demand and supply shocks, and plans to optimize marketing strategies to enhance sensitivity to economic changes[95]. - The real estate sector's regulatory environment has affected the company's cash flow and gross margin, prompting a focus on low-risk projects and improving receivables management[96]. Research and Development - The company has developed a proprietary construction method combining ecological restoration and landscape design, which has received multiple patents and awards[38]. - The company has established long-term partnerships with various universities and research institutions, enhancing its research and development capabilities[52]. - The company has initiated new research and development projects aimed at improving operational efficiency and product innovation[186]. Shareholder and Corporate Governance - The company held its annual general meeting on May 20, 2022, with an investor participation rate of 35.64%[1]. - The largest shareholder, Tu Shanzhong, holds 22.87% of the shares, totaling 410,630,418 shares[146]. - The company has not reported any new capital injections or significant changes in shareholder contributions during the period[190]. - The company has not engaged in any repurchase transactions during the reporting period[148]. Environmental and Social Responsibility - The company donated 30,000 yuan to support pandemic prevention efforts during the COVID-19 outbreak[10]. - A donation of 500,000 yuan was made to support the revitalization of Cantonese opera and traditional cultural education[11]. - The company has not faced any significant environmental penalties during the reporting period[8].

Financial Performance - The company's operating revenue for 2021 was ¥2,796,506,857.49, representing a 10.03% increase compared to ¥2,541,479,437.87 in 2020[18]. - The net profit attributable to shareholders was -¥635,454,550.33, a decline of 194.16% from -¥216,026,396.95 in the previous year[18]. - The net cash flow from operating activities improved significantly to ¥175,603,474.77, compared to -¥46,069,024.43 in 2020, marking a 481.17% increase[18]. - The total assets at the end of 2021 were ¥6,195,942,431.37, down 12.92% from ¥7,115,143,509.22 at the end of 2020[18]. - The net assets attributable to shareholders decreased by 15.60% to ¥3,251,207,974.07 from ¥3,851,988,149.37 in 2020[18]. - The basic and diluted earnings per share were both -¥0.35, reflecting a 191.67% decline from -¥0.12 in 2020[18]. - The weighted average return on net assets was -17.91%, a decrease of 12.45% compared to -5.46% in the previous year[18]. - The company reported a total of ¥24,285,423.69 in non-recurring gains and losses for the year, down from ¥55,546,576.44 in the previous year[24]. - Government subsidies recognized in the current year amounted to ¥5,306,819.39, a decrease from ¥7,393,537.70 in the previous year[24]. Operational Highlights - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company reported a significant uncertainty regarding its ability to continue as a going concern due to negative net profits in recent years[18]. - The revenue from property leasing was ¥687,061.69, which is excluded from the main operating revenue[19]. - Total revenue for the fourth quarter reached ¥970,209,017.16, showing a significant increase compared to previous quarters[23]. - The net profit attributable to shareholders for the fourth quarter was -¥554,638,936.88, indicating a substantial loss[23]. - The net cash flow from operating activities in the fourth quarter was ¥124,631,171.94, reflecting positive cash generation despite overall losses[23]. Strategic Initiatives - The company is positioned to benefit from increased government focus on ecological landscape development, which is expected to enhance long-term growth opportunities[27]. - The company aims to align with national policies on carbon peak and carbon neutrality, contributing to green development initiatives[28]. - The company has established a comprehensive urban service chain, integrating various urban management functions to enhance city operations[28]. - The company is actively involved in water environment governance, with services aimed at improving urban water quality and ecosystem health[28]. - The company plans to leverage its strengths in business collaboration and resource integration to support the construction of a beautiful China[28]. Market Position and Recognition - The company has established a strong market position with over 20 years of experience, covering key regions such as the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta[29]. - In 2021, the company received multiple awards, including the "Outstanding Cooperation Unit" from China Vanke and the "Best Strategic Partner" from Zhujiang Investment, highlighting its high-quality construction and service levels[30]. - The company holds various qualifications, including Class A Landscape Engineering Design and Class I Environmental Engineering Professional Contracting, ensuring compliance with industry standards[31]. - The company has been recognized as a leading enterprise in the forestry industry in Guangdong Province and has received accolades for its contributions to the local economy[30]. Innovation and Technology - The company focuses on ecological landscape business, expanding into real estate landscaping and municipal EPC projects, leveraging its design and engineering advantages[33]. - The company implements a full lifecycle cost control strategy for its projects, ensuring effective management of resources and minimizing waste[37]. - The company has received high recognition in design innovation, winning 5 awards at the GHDA Global Habitat Design Awards from over 1,100 entries[30]. - The company aims to enhance urban quality and sustainability through diversified and refined services, aligning with national green development initiatives[34]. - The company has established a comprehensive urban service chain, integrating planning, design, construction, and maintenance[33]. Financial Management and Risks - The company's financing balance is 634 million RMB, with a financing cost range of 4% to 5.32% and a term structure of 1-3 years[41]. - During the reporting period, the company utilized a total of 424 million RMB of its bank credit limit[42]. - The company has a financing risk associated with its PPP projects due to their long cycle and complex operational models[40]. - The company faces risks related to tightening financing environments in the real estate market, which may impact its operations[79]. - The company reported a net cash flow from financing activities increased by CNY 70.22 million, a growth of 28.30%, mainly due to a reduction in financing repayments during the reporting period[103]. Governance and Compliance - The company has established a comprehensive governance structure, ensuring compliance with relevant laws and regulations[139]. - The board of directors consists of 9 members, including 3 independent directors, ensuring effective decision-making and oversight[140]. - The company maintains independence in business, personnel, assets, finance, and institutions from its controlling shareholders[142]. - The company has independent financial management and auditing systems, ensuring no assets are occupied by shareholders or related parties[143]. - The company has a clear delineation of asset ownership and does not provide guarantees for shareholders' debts[143]. Employee Development and Corporate Culture - The company has implemented a talent strategy focusing on attracting core technical talents and providing diverse training programs to enhance employee development[56]. - The company emphasizes a corporate culture of integrity and cooperation, aiming to create harmony between humans and nature[57]. - The company conducted 60 training sessions in 2021 for landscape engineering and design professionals, with over 30% of selected backup talents receiving promotions[171]. - The total number of employees at the end of the reporting period was 1,826, with 215 in major subsidiaries[168]. - The company has a total of 80 employees with postgraduate degrees and 724 with bachelor's degrees[168]. Environmental Responsibility - The company has implemented measures to reduce carbon emissions, aligning with national policies for carbon neutrality and peak carbon emissions[184]. - The company is developing an ecological environment industry chain platform to maximize resource and energy efficiency, promoting green low-carbon economic development[184]. - The company has emphasized employee awareness of environmental protection through ongoing training and initiatives[184]. - The company has established a hazardous waste management plan and is actively working on compliance with national regulations[182]. - The company faced administrative penalties related to environmental issues, including fines of 90,000 yuan for improper hazardous waste management[182].

Financial Performance - The company's operating revenue for Q1 2022 was ¥390,889,474.97, a decrease of 16.42% compared to ¥467,692,221.66 in the same period last year[3] - The net profit attributable to shareholders was -¥40,036,054.96, representing a decline of 371.08% from -¥8,498,788.76 year-on-year[3] - Total operating revenue for the current period is approximately $390.89 million, a decrease of 16.43% from $467.69 million in the previous period[20] - Operating profit for the current period is a loss of approximately $42.93 million, compared to a loss of $7.85 million in the previous period[21] - Net profit for the current period is a loss of approximately $41.46 million, compared to a loss of $9.92 million in the previous period, indicating a significant decline in profitability[21] - Basic and diluted earnings per share for the current period are both -$0.022, compared to -$0.005 in the previous period, reflecting a deterioration in earnings performance[22] Cash Flow and Investments - The net cash flow from operating activities increased by 155.20% to ¥80,528,332.93, compared to -¥145,886,782.61 in the previous year[3] - Cash flow from operating activities shows a net inflow of approximately $80.53 million, a recovery from a net outflow of $145.89 million in the previous period[25] - Cash flow from investing activities results in a net outflow of approximately $482.25 million, compared to a net inflow of $78.42 million in the previous period, indicating increased investment activity[26] - Cash flow from financing activities shows a net outflow of approximately $142.25 million, a decrease from a net inflow of $35.28 million in the previous period[26] - The ending cash and cash equivalents balance is approximately $489.98 million, down from $537.05 million in the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,619,694,028.33, down 9.30% from ¥6,195,942,431.37 at the end of the previous year[3] - The company's total liabilities decreased to CNY 2,317,322,956.54 from CNY 2,855,368,100.08, representing a reduction of about 18.8%[18] - The cash and cash equivalents decreased significantly from CNY 1,157,693,191.79 to CNY 613,822,861.52, a decline of approximately 47%[16] - Accounts receivable dropped from CNY 1,558,600,998.82 to CNY 1,260,600,441.03, indicating a decrease of around 19.1%[16] - The company's long-term receivables decreased by 51.53% to ¥51,000,000.00, primarily due to reclassification of amounts to current assets[8] - The current liabilities totaled CNY 2,015,238,185.03, down from CNY 2,504,256,868.92, reflecting a decrease of about 19.5%[18] - The long-term borrowings decreased from CNY 322,416,205.62 to CNY 274,085,379.12, a reduction of approximately 15%[18] Equity and Retained Earnings - The company's total equity attributable to the owners of the parent company decreased from CNY 3,251,207,974.07 to CNY 3,210,849,843.75, a decline of approximately 1.2%[18] - The company reported a net loss of CNY 702,476,572.23 in retained earnings, worsening from a loss of CNY 662,440,517.27 at the beginning of the year[18] Other Financial Metrics - The company's weighted average return on equity was -1.24%, a decline of 1.02% compared to -0.22% in the previous year[3] - Research and development expenses for the current period are approximately $12.10 million, down 29.73% from $17.19 million in the previous period[21] - The company's inventory increased slightly from CNY 291,032,369.85 to CNY 296,841,321.54, showing a growth of about 2%[16] - The company reported a significant decrease in tax and additional fees by 68.59% to ¥1,000,000.00, reflecting reduced revenue[12] Audit Status - The first quarter report of Guangzhou Pubang Garden Co., Ltd. is unaudited[27]

Financial Performance - The company's operating revenue for 2021 was CNY 2,796,506,857.49, representing a 10.03% increase compared to CNY 2,541,479,437.87 in 2020[18]. - The net profit attributable to shareholders was a loss of CNY 635,454,550.33, a decline of 194.16% from a loss of CNY 216,026,396.95 in the previous year[18]. - The net cash flow from operating activities improved significantly to CNY 175,603,474.77, a 481.17% increase from a negative cash flow of CNY 46,069,024.43 in 2020[18]. - The total assets at the end of 2021 were CNY 6,195,942,431.37, down 12.92% from CNY 7,115,143,509.22 at the end of 2020[18]. - The net assets attributable to shareholders decreased by 15.60% to CNY 3,251,207,974.07 from CNY 3,851,988,149.37 in 2020[18]. - The basic earnings per share for 2021 was -CNY 0.35, a decrease of 191.67% compared to -CNY 0.12 in 2020[18]. - The weighted average return on net assets was -17.91%, a decline of 12.45% from -5.46% in 2020[18]. - The company reported a significant increase in operating revenue after excluding rental income from property, amounting to CNY 2,795,819,795.80[19]. - Total revenue for the fourth quarter reached ¥970,209,017.16, showing a significant increase compared to previous quarters[23]. - The net profit attributable to shareholders for the fourth quarter was -¥554,638,936.88, indicating a substantial loss[23]. - The net cash flow from operating activities in the fourth quarter was ¥124,631,171.94, reflecting positive cash generation despite overall losses[23]. Government and Regulatory Engagement - The company reported a total of ¥5,306,819.39 in government subsidies related to normal business operations, down from ¥7,393,537.70 in the previous year[24]. - The company has indicated uncertainty regarding its ability to continue as a going concern due to negative net profits in recent years[18]. - The company is positioned to benefit from increased government focus on ecological landscape development, which is expected to enhance long-term growth opportunities[27]. - The company aims to align with national policies on carbon neutrality and green development, contributing to the construction of a beautiful China[28]. Operational Strategy and Development - The company has established a comprehensive urban service chain, integrating various urban management functions to enhance city operations[28]. - The company is actively involved in water environment governance, with services aimed at improving urban water quality and ecological restoration[28]. - The company emphasizes the importance of ecological and sustainable practices in its operations, aligning with national strategies for environmental protection[27]. - The company has established a strong market position with over 20 years of experience, covering key regions such as the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta[29]. - The company has a diversified business model that includes EPC and general contracting for ecological landscape projects, leveraging its design and engineering strengths[35]. - The company is focusing on green construction, including water environment governance and vertical greening, supported by a professional technical team[63]. - The company is leveraging advanced technologies such as IoT and AI to develop smart waste classification systems for urban operations[65]. Awards and Recognition - In 2021, the company received multiple awards, including the "Outstanding Cooperation Unit" from China Overseas Property and the "Best Strategic Partner" from Zhujiang Investment, highlighting its high-quality construction and service levels[30]. - The company has received over 40 major awards in 2021, enhancing its brand image and competitive position in the industry[46]. - The company has been recognized as a leading enterprise in the forestry industry in Guangdong Province and has received accolades for its contributions to the local economy[30]. - The company received the first prize in the Science and Technology Award for the project "Rapid Construction and Maintenance Technology of Coastal Natural Local Plant Landscape" and the second prize for "Key Technology Research and Application of Lightweight Roof Greening in South China" during the reporting period[189]. Research and Development - The company has received recognition as a high-tech enterprise and has established research platforms to support its innovation efforts[32]. - The total R&D expenditure was ¥98,703,133.95, representing 3.53% of operating revenue, a decrease of 0.52% from the previous year[92]. - The number of R&D personnel decreased by 28.19% to 214, with a notable decline in the proportion of personnel holding bachelor's degrees, which fell by 37.28%[92]. - The company completed the acceptance of two technology projects, including the "Research on the Protective Effect of Different Vegetation Slope Protection Models in South China" project[49]. - The company received 8 new technology awards, including a first prize from the Guangdong Provincial Engineering Survey and Design Industry Association for the project on "Key Technologies and Applications for Near-Natural Native Plant Landscape Construction"[49]. Financial Management and Risks - The company's financing balance is 634 million RMB, with a financing cost range of 4% to 5.32% and a term structure of 1-3 years[41]. - The company has a financing risk associated with its PPP projects due to their long cycle and high capital requirements[40]. - The company is aware of strategic risks arising from market resource competition and is adapting its overall strategic development plan to mitigate these risks[125]. - The company is addressing financial risks related to accounts receivable recovery, particularly influenced by government budgets and the financial status of real estate enterprises[126]. Corporate Governance - The company has a comprehensive internal control system and governance structure in compliance with relevant laws and regulations[133]. - The company has established independent financial management and auditing departments to ensure financial autonomy[137]. - The company held several shareholder meetings with participation rates ranging from 35.25% to 36.70%[138]. - The company’s independent directors provided valuable opinions on development strategies and financial management, contributing positively to the board's decision-making[156]. Employee Development and Corporate Culture - The company has implemented a performance evaluation and compensation system based on annual business plans and performance assessments[163]. - A total of 100+ backup talents were selected in 2021, with over 30% of them receiving promotions within the year[165]. - The company organized 60 training sessions for landscape engineering and design professionals in 2021[165]. - The company emphasizes the importance of talent as its primary resource, implementing talent introduction, training, and career planning to build a high-end talent pool[121]. Environmental and Social Responsibility - The company actively responded to national policies on carbon neutrality and peak carbon emissions, focusing on ecological landscaping as a core business[178]. - The company implemented measures to enhance employee awareness of environmental protection, contributing to sustainable development[178]. - The company faced a fine of 90,000 yuan for environmental violations, which were addressed through corrective actions[176]. - The company has not yet initiated any poverty alleviation or rural revitalization projects during the reporting period[200].

Financial Performance - The company's operating revenue for Q3 2021 was ¥671,216,377.18, a decrease of 4.91% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥91,774,000.21, reflecting a significant decline of 895.18% year-on-year[4]. - The company reported a net loss of CNY 107,801,580.39, compared to a loss of CNY 26,985,966.94 in the previous period[22]. - Operating profit for the current period was -¥88,719,092.06, compared to -¥3,221,101.33 in the previous period, indicating a significant decline[25]. - Net profit for the current period was -¥84,438,797.15, worsening from -¥8,940,335.53 in the previous period[25]. - The total comprehensive income for the current period was -¥86,803,897.50, compared to -¥10,368,999.81 in the previous period[26]. - Basic and diluted earnings per share were both -¥0.045, compared to -¥0.006 in the previous period[26]. Cash Flow - The net cash flow from operating activities increased by 202.39% to ¥65,014,710.87, indicating improved cash collection efforts[4]. - The company experienced a 117.85% increase in net cash flow from operating activities compared to the previous year, driven by enhanced collection efforts[13]. - Cash flow from operating activities generated a net amount of ¥50,972,302.83, a recovery from -¥285,483,441.93 in the previous period[29]. - Cash flow from investing activities yielded a net inflow of ¥74,597,749.15, compared to ¥20,991,081.14 in the previous period[29]. - Cash flow from financing activities resulted in a net outflow of -¥54,649,136.94, worsening from -¥14,036,484.68 in the previous period[30]. - The ending cash and cash equivalents balance was ¥639,373,891.07, an increase from ¥552,916,570.88 in the previous period[30]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,640,260,616.81, down 6.67% from the end of the previous year[5]. - Current assets totaled CNY 4,801,375,676.10, down from CNY 4,890,641,654.56, indicating a decrease of about 1.81%[20]. - The total non-current assets were CNY 1,838,884,940.71, down from CNY 2,224,501,854.66, indicating a decrease of approximately 17.35%[21]. - Total liabilities decreased to CNY 2,746,563,260.84 from CNY 3,134,662,255.75, a reduction of about 12.35%[22]. - The company's short-term borrowings were CNY 238,607,664.45, a decrease from CNY 265,000,000.00, reflecting a decline of about 9.93%[21]. - Total current liabilities amounted to CNY 2,721,682,311.95 as of January 1, 2021[35]. Equity - The weighted average return on equity was -2.41%, a decrease of 2.69% compared to the previous year[5]. - The total equity attributable to shareholders decreased by 2.16% to ¥3,768,860,978.08[5]. - The company's equity attributable to shareholders decreased to CNY 3,768,860,978.08 from CNY 3,851,988,149.37, representing a decline of approximately 2.15%[22]. - Total equity remained unchanged at CNY 3,980,481,253.47 as of January 1, 2021[35]. Investment and Financial Management - The company reported an increase in investment income of 55.37%, amounting to ¥11,452,123.53, primarily due to higher returns from public municipal projects[12]. - The financial expenses decreased by 51.73% to ¥19,662,868.39, attributed to reduced interest expenses from repaid bonds[11]. - The company recorded a significant increase in credit impairment losses of 1,019.02%, amounting to ¥29,926,446.29, due to increased bad debt provisions[12]. Other Information - The company has not undergone an audit for the third quarter report[36]. - The company has implemented new leasing standards starting from 2021, requiring adjustments to the financial statements[32].

Financial Performance - The company's operating revenue for the reporting period was CNY 1,155,081,463.15, an increase of 24.86% compared to the same period last year[23]. - The net profit attributable to shareholders was CNY 10,958,386.76, representing a growth of 150.21% year-on-year[23]. - The net profit after deducting non-recurring gains and losses was CNY 10,219,292.26, up 137.29% from the previous year[23]. - The net cash flow from operating activities improved significantly, with a net amount of CNY -14,042,408.04, a 93.67% increase compared to the same period last year[23]. - The company's total assets at the end of the reporting period were CNY 6,809,883,698.40, a decrease of 4.29% from the end of the previous year[23]. - The revenue from landscape business increased by 31.94% compared to the same period last year[33]. - The net cash flow from the subsidiary Deep Blue Environmental reached CNY 24,893,200.00, a growth of 181.18% year-on-year[35]. - The company reported a total of 21.77 million yuan in a lawsuit related to a sales contract dispute[113]. - The company faced a judgment to pay 4.5 million yuan to a plaintiff in a construction project dispute[113]. Cash Flow and Investments - The net cash flow from operating activities was CNY -14,042,408.04, improving from CNY -221,987,547.37 year-over-year[178]. - Cash inflow from investment activities decreased significantly to CNY 203,266,409.61 from CNY 2,279,112,389.23 in the first half of 2020, representing a decline of approximately 91.1%[179]. - The net cash flow from investment activities was CNY -72,714,634.60, slightly better than CNY -82,533,375.52 in the previous year[179]. - Cash inflow from financing activities totaled CNY 262,333,910.93, down from CNY 630,322,133.43 in the first half of 2020, a decrease of about 58.3%[179]. - The company reported a total cash outflow from operating activities of CNY 1,524,602,382.20, which is a decrease of 2.3% compared to CNY 1,560,752,680.94 in the previous year[178]. Strategic Focus and Development - The company is closely monitoring changes in industry policies and market conditions to optimize resource allocation and marketing strategies[8]. - The company aims to enhance its core competitiveness through management and technological innovation, improving operational efficiency[31]. - The company is focusing on sustainable development and expanding its ecological and environmental protection business, including water environment governance and waste treatment[30]. - The company aims to enhance its sensitivity and predictive capabilities regarding macroeconomic risks[8]. - The company aims to create a comprehensive service platform for the landscaping industry, focusing on sustainable development and long-term growth[85]. Risk Management - The company emphasizes the importance of disaster preparedness to mitigate risks from natural disasters affecting outdoor construction projects[10]. - The company emphasizes project risk control by focusing on financially strong local governments and real estate clients, ensuring cash flow stability through the EPC model[48]. - There is a potential risk of cash flow fluctuations due to the need for upfront capital in municipal landscaping and environmental projects[7]. Corporate Governance and Compliance - The financial report is guaranteed to be true, accurate, and complete by the company's management[4]. - The company has not reported any changes in its registered address or contact information during the reporting period[21]. - The company did not engage in any derivative investments during the reporting period[76]. - The company did not sell any major assets during the reporting period[77]. - The company did not dispose of any significant equity during the reporting period[78]. - The company is not classified as a key pollutant discharge unit and has not faced administrative penalties for environmental issues during the reporting period[100]. Shareholder Information - The company has a total of 1,795,890,452 shares, with 27.52% being restricted shares after the recent changes[136]. - The company has 83,625 shareholders at the end of the reporting period, with the largest shareholder holding 22.87% of the shares[142]. - The company has not reported any significant changes in shareholder structure or major shareholder movements during the reporting period[138]. Research and Development - The company has a strong focus on technological innovation, having established research centers and partnerships with prestigious universities[36]. - Research and development expenses increased to CNY 42,012,979.60, up from CNY 40,067,094.82 in the previous year, indicating a focus on innovation[169]. Environmental and Social Responsibility - The company emphasizes a commitment to sustainable development and social responsibility within the landscaping industry, focusing on improving living environments[51]. - The company is committed to adhering to various environmental protection laws and regulations in its operations[102]. - The company has implemented corrective measures to address safety hazards identified in its subsidiary, ensuring compliance with environmental regulations[100].